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Why aren’t rising house prices described as Inflation? Inflation is generally looked at as a bad thing. Appreciation of home prices is viewed as a good thing. If I am a homebuyer buying today as opposed to 8 years ago...
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Hello BP'ers,I've recently completed a flip property and have it on the market in Phoenix, Arizona. I've been diligent about gathering feedback from agents after showings and potential buyers during open houses (I'm ...
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Hi all!We have a former STR that we had to transition to LTR. (That's a story for another day.) But we found students who need a furnished unit for four months and can pay a higher price for such. I had a standard lea...
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i closed on a 4/2/2 rental yesterday. the house is in good condition, just needs a lot of cleaning up (the people had 3 big nasty dogs inside)and paint-n such. biggest expense will likely be new a/c unit. but overa...
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I accepted an offer, from among 3 competing offers, for a single family house in Indianapolis. Part of the reason I accepted the offer was because it included an "as-is" addendum. The buyer is now trying to back out...
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When you are switching tenants, do you take pictures/videos of the room/home in-between each group of tenants? If so, where do you store them and how do you organize it?
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I'm about to go into contract on a property I want to use as an STR. I’ll likely close on the property around early November and it will need small cosmetic updates, maybe a new deck, and of course new furniture set u...
As a first time home buyer and single, how can i maximize the tax benefits available to me if i decide to buy a 4 unit/multifamily house that is worth $2 million and property tax of about $30,000 per year?
Will like ...
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Hello,I am getting all my property management documents and software in order before I buy my first rental property so that when I buy it will be a smooth transition, Beside the lease and application, what other docum...
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Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...